All posts tagged "Granite Aviation"

  • News
    IAG Sells BMI Regional for £8m

    IAG has sold BMI Regional to aviation consortium Sector Aviation Holdings for £8 million cash. 

The sale includes all bmi regional’s fixed assets and long-term liabilities, including owned and operating lease aircraft. 

If approved by the CAA, ownership is expected to be transferred to SAH within two weeks. IAG Chief Executive Willie...

  • News
    Scottish Consortium to Buy BMI Regional?

    The Aberdeen-based consortium Granite Aviation is reported by the BBC to be in advanced talks with International Airlines Group to buy BMI Regional for about £20 million. The airline is also based in Aberdeen and operates 19 aircraft between smaller city airports. “An announcement on a possible deal is expected in the...